Direct Pay
November 19, 2024
Hilton Salt Lake City Center
Salt Lake City, UT
Get the Insights You Need to Maximize Clean Energy Incentives for Tax-Exempt Entities
The IRA created the ability for tax-exempt entities to use direct payments, or elective pay, for the full value of clean energy and decarbonizing technology tax credits. For the first time, tax-exempt entities have a pathway to directly participate in developing and owning new clean energy and other eligible projects, rather than being dependent on power purchase agreements. This ownership option can be particularly attractive as the tax credits can be combined with grants, forgivable loans, and stacked incentives/adders to greatly reduce capital expenditures.
However, making the most of clean energy tax credits utilizing direct pay will require tax-exempt entities to master the rules of this new game. Given the large cohort of tax credits available that are applicable to direct pay, each with specific guidelines, utilizing the direct pay provision to maximum effect requires specialized advice from experts who can walk tax-exempt entities through the process, explore alternatives, and outline strategies for optimizing value, mitigating risk, and avoiding potential missteps.
Infocast has put together Direct Pay: Clean Energy Incentives for Tax-Exempt Entities to provide exactly the state-of-the-art information that tax-exempt entities and their partners will need to get the full benefit of this revolutionary new regime. This unique event will:
- Break down this new opportunity into easily understandable steps, walking attendees through the risks and how to mitigate them, and answering questions surrounding IRS compliance, financing, partnerships, and every other issue that will need to be addressed to take advantage of elective pay for clean energy and help those entities achieve their decarbonization goals.
- Discuss and analyze risk mitigation strategies holistically, covering every phase of a project’s planning, financing, construction, and completion.
- Explain the full range of financing options, including grants and federal loans, that are available to tax-exempt entities.
- Lay out the pros and cons of using partnerships to facilitate these projects and give best practices for ensuring that these partnerships are successful, with an emphasis on tax credit compliance documentation.
- Feature representatives from the IRS who will walk attendees through the steps needed to register for elective pay and give a run-down on what a tax-exempt entity needs to do to be eligible for and to finally receive their tax credit payment.
Co-located with: Mountain West Renewables Summit | November 20-21, 2024
The ONLY event covering the procurement opportunities, load growth, transmission expansion, and market integration/regionalization initiatives across the dynamic eight-state region. Visit the event page for more information.
Save $500 on access to both events with the combo package!
25
Expert Speakers
Hear from top industry leaders
and market stakeholders
10
Content-Packed Sessions
Gain highly-relevant,
exclusive insights and updates
Premier Networking
Connect with key decision-makers
and get deals done
FEATURED SPEAKERS
Lee Barken
Chief Community Officer
COLLECTIVESUN
Ruth Cornfeld Becker
Founder
GREEN CREDIT ADVISORS, LLC
David Carpenter
Vice President of Development & Chief Legal Officer,
GREEN LANTERN SOLAR
Howard Chang
Chief Executive Officer
AVA COMMUNITY ENERGY
David J. Clamage
Founder and Managing Director
SAULSBURY HILL FINANCIAL
Walter Cuculic
Senior Vice President, Director of Solar Banking
LEGACY BANK AND TRUST
Eric Fins
Vice President
GROVE CLIMATE GROUP, LLC
Philippe Gerretsen
Director of Origination
CALIFORNIA COMMUNITY POWER
Jaron Goddard
Associate Attorney
WILSON SONSINI GOODRICH & ROSATI
Emily Haeckel
Policy Advisor for Climate Resilience and Sustainable Development issues for Public and Indian Housing
U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Eric Hawkins
Chief Operating Officer and General Counsel
TRICO ELECTRIC COOPERATIVE, INC.
Hilary Lefko
Partner
NORTON ROSE FULBRIGHT, US LLP
Amanda Li
Chief Operating Officer
BANYAN INFRASTRUCTURE
Amber MacKenzie
Attorney Advisor
U.S. DEPARTMENT OF THE TREASURY
Sundaresh Mahendra
Founder and CEO
ELECTIVE POWER
Scott Martin
Chief Financial Officer
SMUD
Lelah Martinez
Director, Compliance and Project Finance"
INTERNAL REVENUE SERVICE
John McAuliff
Senior Climate Advisor for the Rural Business-Cooperative Service
U.S. DEPARTMENT OF AGRICULTURE
Ruby Theresa Nahan
Researcher, Community Solar, ADDS Center
NATIONAL RENEWABLE ENERGY LABORATORY (NREL)
Davie Nguyen
Deputy Director, Office of Policy
U.S. DEPARTMENT OF ENERGY
Daniel Packard
Vice President Renewable Energy
NATIONAL COOPERATIVE BANK
Robert Quist
Chief Investment Officer
MISSION ENERGY
Jeanne M. Solé
Principal Power Resources Specialist
SAN JOSE CLEAN ENERGY
Michael Squires
Director of Government Affairs
UTAH ASSOCIATED MUNICIPAL POWER SYSTEMS (UAMPS)
James Vergara
Chief Operating Officer & Chief Investment Officer
HOME RUN FINANCING
WHO SHOULD ATTEND?
- Tax-Exempt Entities (State Governments, Local Governments, Schools, Hospitals, Public Utilities, Tribes, Houses of Worship,
and Non-Profit Organizations) - Banks, Financiers and Investors
- Consultants and Advisors
- Insurance Providers
- Clean Energy and Decarbonizing Technology Developers
- Law Firms
- EPC and Construction Service Providers
- Equipment Providers
- Software or Other Service Providers
VENUE
Hilton Salt Lake City Center
255 South West Temple
Salt Lake City, UT 84101
Phone: (801) 328-2000
WARNING: Please do not book any guest rooms with third-party housing companies for this event. Infocast does not partner with outside housing companies, so we advise that you only book guest rooms directly through the venue using the details provided above.
